Cox's Cove, Newfoundland and Labrador Cost Of Living

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Overall 24%

Goods & Services 12%

Housing 83%

Date & Last Updated: This data reflects 2020 and was released from Statistics Canada.

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Cox's Cove	Newfoundland and Labrador	National
Cost of living	76	85	100
Goods & Services	88	88	100
Groceries	108	108	100
Health care	94	94	100
Housing	17	47	100
Transportation	100	100	100
Utilities	137	137	100

Key findings

The cost of living in Cox's Cove is 11% lower than the Newfoundland and Labrador average
The cost of living in Cox's Cove is 24% lower than the national average
Cox's Cove housing is 83% lower than the national average
Newfoundland and Labrador sales tax is 67% higher than the national average
Newfoundland and Labrador income tax is 3% higher than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Newfoundland and Labrador Sales Tax

Province	Provincial Tax	Total Tax Rate
Newfoundland and Labrador	10%	15%

Newfoundland and Labrador Income Tax

Province	Income Tax (Low)	Income Tax (High)
Newfoundland and Labrador	8.7%	18.3%

Goods & Services

Item	Cox's Cove	National avg.	Difference
Personal Care	89	94	5.7%
Recreation	101	102	1.3%

Groceries

Item	Cox's Cove	National avg.	Difference
Meat, Poultry and Fish	97	102	5.1%
Dairy Products and Eggs	104	105	0.6%
Bakery and Cereal Products	106	112	5.1%
Fruit and Vegetables	115	113	1.4%
Alcoholic Beverages	112	106	5.9%

Health Care

Item	Cox's Cove	National avg.	Difference
Doctor	98	101	3.0%

Housing

Item	Cox's Cove	National avg.	Difference
Home Price ($)	112,958	663,503	83.0%
Apartment Rent ($)	n/a	1,274	100.0%

Transportation

Item	Cox's Cove	National avg.	Difference
Gasoline	102	102	0.1%

Utilities

Item	Cox's Cove	National avg.	Difference
All Electricity	99	99	0.4%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Meadows, NL	595	76	23.5%
Humber Arm South, NL	1,545	76	23.5%
York Harbour, NL	329	77	23.4%
Gillams, NL	422	77	23.4%
Lark Harbour, NL	505	77	23.4%
Cox's Cove, NL	682	76	24.4%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Kipnuk, AK	682	n/a
Moores Hill, IN	682	n/a
Argonia, KS	682	n/a
Meadow Vale, KY	682	n/a
Bayou Goula, LA	682	n/a
Cox's Cove, NL	682	76	24.4%

Source: The Cox's Cove, NL data and statistics displayed above are derived from Statistics Canada 2020.